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$ 1,875,000
Est. payment | /mo
9 Beds
7 Baths
5,873 SqFt
$ 1,875,000
Est. payment | /mo
9 Beds
7 Baths
5,873 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,873 sqft
Price per Sqft $319
MLS Listing ID 25623635
Bedrooms 9
HOA Y/N No
Year Built 1954
Property Description
We are pleased to present 7028 Alvern Street, a well-maintained seven-unit multifamily investment property ideally located in Westchester, one of Los Angeles' most desirable rental submarkets. This two-story building offers 5,873 SF of living area on a 7,984 SF LAR3-zoned lot and features an attractive unit mix of two (2) two-bedroom/one-bath units and five (5) one-bedroom/one-bath units. One unit will be delivered vacant at the close of escrow, providing immediate rental upside. All units are separately metered for gas and electricity. The property has been diligently maintained and upgraded with copper plumbing, updated electrical systems, a recently replaced roof, and a completed soft-story retrofit. These improvements allow a new owner to focus on capturing the significant rental upside in a high-demand area. Prime Location: Situated just south of Centinela Avenue and west of La Cienega Boulevard, 7028 Alvern Street offers tenants convenient access to major freeways, retail centers, and lifestyle amenities, including Westfield Culver City, local restaurants, LAX, SoFi Stadium, and the upcoming Intuit Dome. This is an outstanding value-add investment in a thriving rental market with strong demand and excellent long-term growth potential.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dryer, Washer
Exterior
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4103007020
Special Listing Condition Standard
Listed by Dionya Jackson Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "